Aptiv price target raised to $144 from $134 at Cowen

Cowen analyst Jeffrey Osborne raised the firm’s price target on Aptiv to $144 from $134 and keeps an Outperform rating on the shares. The analyst said its Investor Day highlighted a strategy focused on expanding its competitive advantage through full system capabilities for the electrified software defined vehicle and his target increase reflects a sum-of-the-parts analysis.